Mohan offers to sell his articles at a discount of 20%, but he marks his articles by increasing the price of each by 35%. What percentage would his gain be?
A.9%
B.7%
C.10%
D.8%✓ Correct
Explanation
Let cost price = 100. Marked price = 135. After 20% discount: selling price = 135×0.8 = 108. Gain = 8%.
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